IPO Company Profile
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Restoration Hardware, Inc.
15 Koch Road, Suite J, Corte Madera, CA 94925 * (415) 924-1005

The company is a rapidly growing specialty retailer of home furnishings, functional and decorative hardware and related merchandise that reflect the company's classic and authentic American point of view.

Primary Underwriting Group
ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-5959
BancAmerica Robertson StephensCo-manager (415) 989-8500
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100
Piper Jaffray IncorporatedCo-manager (612) 342-6220

Offering Information
NASNTL:RSTO Retail: SIC 5719
Type of Shares:Common Shares Filing Date:4/24/98
U.S. Shares:3,330,000 Offer Date:6/18/98
Non-U.S. Shares:0 Filing Range:$16.00 - $18.00
Primary Shares:3,330,000 Offer Price:$19.00
Secondary Shares:0 Gross Spread:$1.33
Offering Amount: $56,610,000 Selling:$0.79
Expenses: - Reallowance:$0.10
Post-IPO Shares:16,100,000
Employees:918

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Brobeck, Phleger & Harrison
Bank's Law Firm: Brown & Wood
Registrar/Transfer Agent: Boston Equiserve Limited Partnership
Auditor: Deloitte & Touche

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
1/31/98 1/31/98
Revenue:$97.87Assets:$87.23
Net Income:$1.75Curr Assets:$46.80
EPS:Liabilities:$55.95
Prior EPS:Curr Liab:$38.62
Cash Flow/Oper:$4.15Equity:$31.29
Cash Flow/Fin:$23.27Cash:$0.91
Cash Flow/Inv:-$26.83Working Cap:$8.19

Use of Proceeds
The proceeds from the proposed offering will be used to repay indebtedness, to fund new store openings and for working capital and for general corporate purposes.

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